Medical Marijuana Inc (MJNA)

[benfrankledger]

The U.S. cannabis market is growing rapidly as four more states have legalized cannabis for recreational use in 2016. According to a new report published by New Frontier Data, the legal cannabis market was worth an estimated $7.2 billion in 2016 and is projected to grow at a compound annual growth rate of 17%. While adult recreational sales are projected to jump from $2.6 billion in 2016 to $11.2 billion by 2020, with a 25% CAGR. The market may grow faster as the estimate was based on the states that have pass legalization initiatives, but not included the states that may pass in the future. Vinergy Resources Ltd. (OTC: VNNYF) (CSE: VIN.CN), MassRoots Inc. (OTC: MSRT), Medical Marijuana Inc. (OTC: MJNA), MCig Inc. (OTC: MCIG), Cannabis Science Inc. (OTC: CBIS)